Kohl's Sued Over Overtime Pay for Assistant Managers
The Milwaukee Journal Sentinel reports Kohl's is accused in a federal suit of denying overtime pay to assistant store managers who perform many non supervisory tasks such as unloading freight and stocking shelves. Plaintiffs seek collective action status across Kohl's 1100 plus stores. Kohl's disputes the claims, noting duties vary and that all assistant managers are classified as exempt. The suit follows a pattern of similar employee misclassification actions against retailers.
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Ivanka Trump brand pulled from Hudson's Bay Canada stores
Hudson's Bay Canada announced it is phasing out Ivanka Trump brand through the fall due to performance after removing it from its Canadian website. The retailer joins Nordstrom and Neiman Marcus in dropping the line amid broader anti America product sentiment in Canada.
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Two ways to save with 15 year mortgages
article explains how 15 year mortgages save on interest compared with 30 year loans. It compares rates 4 percent vs 4.5 percent, shows $200000 loan examples with monthly payments around $1480 for 15 years and $1010 for 30 years, and notes the large difference in total interest over time. Also includes stock index quotes at article end.
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